Synchrony Financial (Synchrony Financial) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)

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What is Synchrony Financial Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Synchrony Financial's Mortgage Backed Securities (USD Mil) or its related term are showing as below:

Synchrony Financial Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Synchrony Financial's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Synchrony Financial Mortgage Backed Securities (USD Mil) Chart

Synchrony Financial (NYSE:SYFpA.PFD) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.

Synchrony Financial Mortgage Backed Securities (USD Mil) Related Terms

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Synchrony Financial (Synchrony Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Synchrony Financial (NYSE:SYFpA.PFD) » Definitions » Mortgage Backed Securities (USD Mil)

Comparable Companies

Traded in Other Exchanges

SYF:USA SYF:Mexico SFE:Germany SFE:Germany SFE:Germany S1YF34:Brazil

Address

777 Long Ridge Road, Stamford, CT, USA, 06902

Website

https://www.synchronyfinancial.com

Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).